FUNDING AND TREASURY
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A light at the end of the tunnel...
The National Energy Regulator of South Africa (NERSA) recently announced the decision to grant Eskom a tariff increase of 18.65%. The electricity price hike would come into...
We have a new home!
STS has kicked off 2023 on a high note. We are excited to announce that the STS group of companies have moved into our new offices on 11 January 2023....
Green living is more appealing
Climate discussions are no longer reserved for conversations between conspiracy theorists, actors, hippies and teenage activists. The impact of changing weather patterns and shrinking resources on economies and food security...
A week in the wild for conservation
As proud supporters of the Care for Wild Rhino Sanctuary (CFWRS), we were extremely pleased to send our very first STS Care for Wild Rhino Sanctuary volunteer group to...
An aid to “process-in-aid” – high court applications to execute on immoveable property using a Magistrate’s Court order
“My momma always said, life is like a box of chocolates. You never know what you are going to get.” While this is a cliché nowadays, when Forrest Gump (Tom...
Smart safety for the festive season
The December holidays are in sight, and we are all looking forward to some downtime with family and friends. Sadly, crime is a daily occurrence in our country. According to...
Summer is the season for solar
The December holiday season is finally here, and this is the period we look forward to all year to wind down and enjoy some fun in the South African sun....
Project funding: a case study
Community schemes are often left in the unenviable position where they require an urgent ad-hoc service or project to be completed, but don't necessarily have the funds in reserve at...
Seven steps to secure your complex ahead of the festive season
Holidays are notorious for being a risky time for crimes like burglaries and break-ins. December is just around the corner and many people are planning to go away over the...
Obtaining a special resolution is not rocket science
It’s best to pay attention or you can fail on technicalities. A special resolution could only be successfully passed if the prescribed procedures were followed, and the appropriate majorities voted in...
Retire in comfort: what are your options?
Retirement villages come in various shapes and sizes, and it is essential to know and understand the different structures applicable to these community schemes. There are three types of structures: Ownership...
Growing your retirement community
Financial times are tough for everybody, including senior citizens. There are ways for community schemes to supplement their levy income. One of which is through advertising income, such as Sectional...
10-Year Maintenance Plan: wasted opportunity or meaningful exercise?
Many bodies corporate have a 10-Year Maintenance Plan but then simply use it as a tick box exercise. Even if the development of the plan is done with adequate participation...
Here’s to Your Best Years!
South Africa commemorates Older Persons Week from 26 September to 2 October. International Day of Older Persons is celebrated on 1 October every year....
Court finds withholding levies = grasping at straws
Most of us know that purchasing a unit in a community scheme would require the payment of levies. However, a defaulting unit owner attempted to justify the withholding of levies...
Creating a buzzzz around our beloved honeybees
STS places high value on making an impact on the world and preserving our natural resources for future generations. Sustainability is not only a major consideration in how we conduct...
Load shedding woes - it is time to see the light
It’s probably safe to say that most South Africans are beyond fed-up with our unreliable electricity supply. We’ve already had an extraordinary amount of load-shedding during this...
Considering women’s contribution to bodies corporate
In a world that generally runs at a frantic pace, I truly enjoy days of the year set aside to commemorate special people and moments in life, such as the...
Superfast internet for your community scheme
With our fibre to the home installation, you can enjoy better speeds, smarter living, and increased security whilst adding to the desirability and value of your property....
You still save with solar
The headline of a recent article conveying Eskom’s intention to charge grid-tied solar users a flat rate of R938 per month has caused quite a furore. According...
Getting solar installed in your community scheme
South African households are plagued by unpredictable power outages that last for hours, sometimes days. They also endure scheduled electricity cuts, known as load shedding or load reduction, where power...
Executive Managing Agents for community schemes
When the Sectional Titles Schemes Management Act came into effect in October 2016, it introduced and made provision for a new role; the Executive Managing Agent (EMA). Watch as STS Legal Professional...
Navigating the community scheme lending space - practical considerations
When you buy a unit in a sectional title scheme, you are also buying into the assets and liabilities of the whole scheme. Sometimes, that scheme has arrear levy debt...
A smarter way to evaluate an Internet Service Provider (ISP)
A reliable internet connection is crucial to smarter living. It carries with it the benefits of home automation, access to online entertainment including music and movie streaming, online gaming, and...